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Mar 31, 2020
CNA Q1 2020 Earnings Report
CNA Financial reported a net loss and core income, impacted by financial market volatility due to COVID-19.
Key Takeaways
CNA Financial reported a net loss of $61 million, or $(0.23) per share, and core income of $108 million, or $0.40 per share for Q1 2020. The results were affected by financial market volatility amid the COVID-19 pandemic, including net investment losses of $169 million.
Net loss of $61 million, $(0.23) per share, includes net investment losses of $169 million.
Core income of $108 million, $0.40 per share.
Net investment income of $279 million compared to $465 million in Q1 2019.
P&C combined ratio of 97.5% versus 97.8% in Q1 2019.
Forward Guidance
CNA Financial did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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